Patten & Patten Inc. TN Purchases New Position in iShares Dow Jones U.S. ETF $IYY

Patten & Patten Inc. TN purchased a new stake in iShares Dow Jones U.S. ETF (NYSEARCA:IYY) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 5,107 shares of the company’s stock, valued at approximately $830,000.

Other hedge funds have also recently bought and sold shares of the company. Elevation Capital Advisory LLC acquired a new position in shares of iShares Dow Jones U.S. ETF in the third quarter valued at approximately $2,928,000. Wealth Enhancement Advisory Services LLC lifted its holdings in iShares Dow Jones U.S. ETF by 1.9% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 53,969 shares of the company’s stock worth $8,804,000 after purchasing an additional 1,010 shares during the last quarter. Curat Global LLC boosted its stake in iShares Dow Jones U.S. ETF by 34.3% in the 3rd quarter. Curat Global LLC now owns 1,948 shares of the company’s stock valued at $316,000 after purchasing an additional 498 shares during the period. MBA Advisors LLC acquired a new position in iShares Dow Jones U.S. ETF in the 3rd quarter valued at $246,000. Finally, Sharp Financial Services LLC bought a new position in iShares Dow Jones U.S. ETF during the 3rd quarter worth $26,989,000.

iShares Dow Jones U.S. ETF Stock Performance

IYY opened at $167.90 on Monday. iShares Dow Jones U.S. ETF has a fifty-two week low of $116.99 and a fifty-two week high of $169.49. The company has a market capitalization of $2.77 billion, a P/E ratio of 25.52 and a beta of 1.02. The stock has a fifty day moving average of $166.10 and a 200-day moving average of $161.81.

iShares Dow Jones U.S. ETF Company Profile

iShares Dow Jones US ETF, formerly iShares Dow Jones U.S. Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Index (the Index). The Index measures the performance of the broad United States equity market, and is consisted of all of the companies in the Dow Jones Large-Cap Index, Dow Jones Mid-Cap Index and Dow Jones Small-Cap Index. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.